Family Memorials Announces Second Closing of Public Offering

THUNDER BAY, ONTARIO--(Marketwired - Nov. 15, 2013) - Family Memorials Inc. (TSX VENTURE:FAM) (the "Corporation") announces that, further to its press release of November 4, 2013 in relation to the first closing of its public offering of units by way of a short form prospectus dated October 10, 2013 (the "Offering"), it has now closed on the balance (343 units at a price of $1,002 per unit) of the maximum Offering for gross proceeds of $343,686. Each unit consists of (a) one $1,000 principal amount (the "Principal Amount") 12% secured subordinated debenture (the "Debenture"); and (b) 2,000 rights (the "Rights") at a price of $0.001 per Right ($2.00 per unit). A full description of the details of the units is set forth in the November 4, 2013 press release.

Richardson GMP Limited (formerly Macquarie Private Wealth Inc.) (the "Agent") acted as agent pursuant to the Offering and was paid a cash commission equal to 10% of the gross proceeds raised pursuant to the Offering. In addition, pursuant to the second closing, the Agent was granted an additional non-transferable option to purchase 164,640 Common Shares of the Corporation at $0.125 per share, which option expires February 15, 2016.

About Family Memorials

The Corporation is a Canadian public company operating in the death care industry retailing monuments and memorials through wholly owned subsidiaries and with agency and sales agreements with funeral homes. The Corporation currently trades on the TSX venture exchange under the symbol "FAM".

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (as that term is defined in the policies of the TSX Venture Exchange) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.